VIVO Cannabis™ Completes Debenture Refinancing

 – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) (“VIVO” or the “Company“) today announced that it has completed its previously announced partial prepayment, conversion and amendment of unsecured convertible debentures (the “Debentures“). As a result, VIVO now has $6.6 million in outstanding Debentures due September 15, 2022 and 328.7 million common shares (each, a “Share”) outstanding on an undiluted basis. “One ofContinue reading “VIVO Cannabis™ Completes Debenture Refinancing”

iAnthus Announces Execution of Support Agreement for a Recapitalization Transaction

iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCQX: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, announced today that it has entered into a Restructuring Support Agreement (as defined below) with 100% of its Secured Lenders (as defined below) and over 91% of the Unsecured DebentureholdersContinue reading “iAnthus Announces Execution of Support Agreement for a Recapitalization Transaction”

Auxly Closes $3 Million Third Tranche of Financing

Auxly Cannabis Group Inc. (TSX.V: XLY) (OTCQX: CBWTF) (“Auxly” or the “Company”) has issued an additional $3 million worth of unsecured convertible debentures (collectively, the “Third Tranche”) under its $25 million unsecured convertible debenture standby facility with an institutional investor (the “Investor”) as previously announced on April 28, 2020 (the “Original Offering”). Under the Third Tranche,Continue reading “Auxly Closes $3 Million Third Tranche of Financing”